Wed11222017

Last updateThu, 16 Nov 2017 5am

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Launches Online Forex service for customer convenience

UAE Exchange India launches an online foreign exchange booking with better currency buying facilities for easy and secured foreign exchange transaction. 

How can I send money to other countries?

Let’s listen to ‘Fin Guru’;

“Well, guys, this is my opening talk with you, and the intention behind this is to make you aware of the Financial and capital market products, which are unfamiliar to, many of you. So today I had chosen ‘Send Money Abroad’ as the prime topic to discuss with you.

Latest Forex Market News

Dollar eased on Wednesday with investors looking past an expected U.S rate hike later in the day for clues on Federal Reserve policy for the rest of the year. Federal Reserve is scheduled to release its decision at 6.00 PM on Wednesday at the conclusion of its two-day policy meeting. Fed Chair Janet Yellen is due to hold a press conference at 6:30 PM. Fed is widely expected to raise its benchmark interest rate this week due to a tightening labour market.

Latest developments of Qatar

Saudi, UAE, Bahrain, Egypt cut ties with Qatar over terrorism which resulted in panic across GCC currency market. Qatar riyal adversely depreciated.  It is predicted to affect the oil prices also shortly. 

Convert your leftover currencies at ease

Foreign travelers are often concerned about leftover currencies and the loss of amount due to rate fluctuation. As a relaxation from worries on left over currencies, Foreign Currency Buyback facilitates return of unused currency at the same rate of purchase. Despite the fact that rate fluctuation in currency market is a consistent process. Buyback feature offers foreign currency return at the same rate of purchase. Return your currency within a period of 15- 30 days of currency purchase.